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Oksana_A [137]
3 years ago
15

If you invest $2400 at an annual rate of 4.5% that is compounded continuously, how long will it take for your money to double in

value? Round to the nearest tenth of a year Hint: use $4800 for A
Mathematics
1 answer:
larisa [96]3 years ago
6 0

Answer:

It will take 13.71 years

to double your investment

at 5.25% annual interest. (actual years = 13.55)

Step-by-step explanation:

i think  its  right  if  not  am  sorry

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Step-by-step explanation:

Given that,

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probability of having all red pens = (5/15 x 4/14 x 3/13)

                                                       = 2/91

probability of having all black pens = (10/15 x 9/14 x 8/13)

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probability that all pen are of same colour = 24/91 + 2/91

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                                                                      ≈ 0.286

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Step-by-step explanation:

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